Liberty Global (NASDAQ:LBTYB) Shares Up 5% – Should You Buy?

Liberty Global Ltd (NASDAQ:LBTYB) rose 5% on Wednesday . The company traded as high as $14.20 and last traded at $14.20. Approximately 404 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 42,239 shares. The stock had previously closed at $13.53.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Liberty Global Price Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11. The company has a 50 day moving average price of $14.50 and a 200 day moving average price of $12.85. The firm has a market cap of $4.80 billion, a PE ratio of -0.89 and a beta of 0.41.

Liberty Global (NASDAQ:LBTYB) last released its quarterly earnings results on Friday, May 1st. The company reported $0.96 EPS for the quarter, topping the consensus estimate of ($0.35) by $1.31. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion.

About Liberty Global

Liberty Global Plc is an international television and broadband company, which engages in the provision of broadband communications services. It operates through the following geographical segments: U.K. and Ireland, Belgium, Switzerland, Central and Eastern Europe, and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms, and TV content. The company was founded in 2004 and is headquartered in London, the United Kingdom.